在主要的Ripple新聞中，該公司以12.5億美元的價格收購了Hidden Road

在主要的Ripple News中，該公司以12.5億美元的價格收購了Hidden Road，影響了加密貨幣和傳統財務部門。

Major news is hitting the crypto sector as Ripple has acquired Hidden Road for $1.25 billion. This deal, which is set to be completed by Q3 2025, will be paid for using a mix of cash, Ripple equity, and XRP tokens.

主要新聞是襲擊加密貨幣領域，因為Ripple以12.5億美元的價格收購了Hidden Road。這筆交易將於第3季度2025完成，將用於使用現金，波紋權益和XRP代幣的混合。

The use of a crypto-native token alongside conventional assets is a unique aspect of the merger, which pivots Ripple towards handling core liquidity functions within the institutional crypto space. Last year, Hidden Road processed $3 trillion in transfers, highlighting the vast scale of operations that Ripple will be integrating.

與常規資產一起使用加密代理的使用是合併的獨特方面，該方面旋轉著處理機構加密貨幣空間內的核心流動性功能。去年，隱藏的道路處理了3萬億美元的轉移，強調了Ripple將集成的大量運營。

Coin Bureau CEO Nic Puckrin has reacted to the news, highlighting the shift from niche innovation to a serious institutional force in crypto. He points out that usually, crypto firms get acquired by traditional companies, but this time, the acquirer is a crypto company, showcasing a change in industry dynamics.

硬幣局首席執行官尼克·普克林（Nic Puckrin）對這一消息做出了反應，強調了從利基創新到加密貨幣的嚴重機構力量的轉變。他指出，通常，加密公司被傳統公司收購，但是這次，收購方是一家加密公司，展示了行業動態的變化。

Puckrin adds that the U.S. regulatory climate has become more favorable for crypto, leading to a surge in institutional crypto adoption. In response, crypto-native companies like Ripple are pushing for IPOs and seeking deeper integration into the market.

Puckrin補充說，美國監管氣候對加密貨幣的有利有利，從而導致採用機構加密貨幣。作為回應，像Ripple這樣的加密本地公司正在推動IPO，並尋求更深入的集成到市場。

This merger might seem to violate the decentralized nature of crypto, but Puckrin believes it's crucial for broader adoption. He anticipates two parallel paths: a decentralized retail-driven market focused on innovation and an institutional ecosystem concentrated on compliance and infrastructure.

這種合併似乎違反了加密貨幣的分散性質，但Puckrin認為這對於更廣泛的採用至關重要。他預計有兩條平行的路徑：一個分散的零售驅動的市場，重點是創新，而機構生態系統則集中在合規性和基礎設施上。

Ripple's move clearly targets the latter path, using regulation as a bridge to achieve mainstream legitimacy.

Ripple的舉動清楚地針對後一條路徑，使用法規作為實現主流合法性的橋樑。

The acquisition of Ripple marks a calculated move into the core operational structure of institutional finance. While traditionally handling cross-border payments, the company is now pivoting toward enabling financial operations like post-trade settlement.

漣漪的獲取標誌著計算出的機構金融核心運營結構的措施。儘管傳統上處理跨境支付，但該公司現在正在朝著實現諸如交易後解決方案之類的金融業務進行樞紐。

Hidden Road's infrastructure gives Ripple quicker access to a space that has been largely dominated by large Wall Street firms. While some might think Ripple is aiming to rival these banks, Puckrin suggests more fundamental goals are likely, focused on institutional crypto integration.

Hidden Road的基礎設施使連鎖反應更快地進入了一個由大型華爾街公司主導的空間。儘管有些人可能認為Ripple的目標是與這些銀行相媲美，但Puckrin表明，更多的基本目標可能是側重於機構加密整合。

Instead of aiming for displacement, Ripple may be seeking to build the essential infrastructure that giants like JPMorgan can utilize. This perspective shifts the narrative from competition to collaboration, a factor that could be crucial for the long-term success of the crypto industry in the institutional domain.

Ripple並沒有瞄準流離失所，而是尋求建立像JPMorgan這樣的巨人可以利用的基本基礎設施。這種觀點將敘事從競爭轉變為合作，這對於加密行業在機構領域的長期成功可能至關重要。

The deal's unique payment structure could also increase the Ripple price and signal long-term faith in the ecosystem. Using the token as part of the financing displays trust in XRP and showcases its practical utility as a financial instrument.

該交易的獨特支付結構也可以提高波紋價格和對生態系統的長期信仰的信號。使用代幣作為融資的一部分，顯示了XRP的信任，並將其實際實用程序作為金融工具展示。

Puckrin highlights this move as a key example of a company using a "strategic treasury asset," which could influence future mergers if other projects become similarly trustworthy.

Puckrin強調了這一舉動是使用“戰略財政資產”的公司的關鍵例子，如果其他項目同樣值得信賴，這可能會影響未來的合併。

This approach could be especially interesting to follow, as it ties into the broader discussion of decentralized autonomous organizations (DAOs) and community-driven projects in the crypto space.

遵循這種方法可能特別有趣，因為它與加密貨幣領域中的分散自治組織（DAOS）和社區驅動項目的更廣泛討論有關。

If a project's token is used as a form of payment or investment in a large-scale merger, it could signify a deep level of faith in that project's future and potential.

如果將項目的令牌用作大規模合併中的付款或投資形式，則可以表示對該項目的未來和潛力的深厚信念。

However, this scenario also raises questions about the consolidation of power in a few big companies and the possibility of reducing the competitive landscape within the crypto industry.

但是，這種情況還提出了一些有關少數大公司的權力鞏固的疑問，並有可能減少加密貨幣行業的競爭格局。

The use of XRP also ties into the broader narrative of the token's price and the overall legitimacy of the Ripple blockchain.

XRP的使用還與代幣價格的更廣泛敘述以及波紋區塊鏈的整體合法性聯繫在一起。

The inclusion of XRP in the financing agreement could be seen as an attempt to boost the token's price and increase its value over time.

將XRP納入融資協議可以被視為試圖提高令牌價格並隨著時間的推移提高其價值。

This move could be especially relevant given recent reports of a lawsuit by the U.S. Securities and Exchange Commission (SEC) against Ripple, which focused on the sale of XRP.

鑑於美國證券交易委員會（SEC）針對Ripple的最新報導，該舉動尤其重要，該訴訟的重點是出售XRP。

The use of the token in a major merger like this could be a step towards increasing XRP's acceptance and integration within traditional financial institutions.

在這樣的主要合併中使用令牌可能是邁向增加XRP在傳統金融機構中的接受和整合的一步。

The crypto industry is buzzing about Ripple's massive $1.25 billion acquisition of Hidden Road, the first time a crypto company is owning and operating a global, multi-asset prime broker.

加密貨幣行業正在嗡嗡作響，因為Ripple巨額收購了隱藏道路，這是Crypto公司首次擁有和經營全球多資產總經理。

This deal, set to close in Q3 2025, will be paid for using a mix of cash, Ripple equity, and XRP tokens, a unique combination of conventional and crypto-native assets.

該交易定於第3季度2025年結束，將用於使用現金，波紋權益和XRP代幣的混合，這是傳統和加密本地資產的獨特組合。

The acquisition pivots Ripple towards handling core liquidity functions in the institutional crypto space. Last year, Hidden Road processed $3 trillion in transfers, highlighting the vast scale of operations that Ripple will be integrating.

該收購使旋轉旋轉旋轉，以處理機構加密空間中的核心流動性功能。去年，隱藏的道路處理了3萬億美元的轉移，強調了Ripple將集成的大量運營。

Coin Bureau CEO Nic Puckrin has reacted to the news, highlighting the shift from niche innovation to a serious institutional force in crypto. Usually, crypto firms get acquired by traditional companies, but this time, the acquirer is a crypto company, which speaks volumes about the industry's evolution.

硬幣局首席執行官尼克·普克林（Nic Puckrin）對這一消息做出了反應，強調了從利基創新到加密貨幣的嚴重機構力量的轉變。通常，加密企業被傳統公司收購，但是這次，收購方是一家加密公司，它涉及該行業的發展。

"This is a huge moment for crypto as we're seeing the industry's best-known projects get acquired by large traditional companies," Puckrin said.

Puckrin說：“這對於加密貨幣來說是一個重要的時刻，因為我們看到該行業最著名的項目被大型傳統公司收購。”

"But this time, the acquirer is a crypto company. We're also seeing a new generation of U.S. institutional investors and hedge funds enter the space in response to a more favorable regulatory climate, leading to a surge

“但是這次，收購方是一家加密貨幣公司。我們還看到新一代的美國機構投資者，對沖基金進入該空間，以應對更有利的監管環境，從而導致激增